Acknit Industries standalone net profit rises 35.84% in the March 2024 quarter

Sales rise 29.20% to Rs 68.45 crore

Net profit of Acknit Industries rose 35.84% to Rs 3.07 crore in the quarter ended March 2024 as against Rs 2.26 crore during the previous quarter ended March 2023. Sales rose 29.20% to Rs 68.45 crore in the quarter ended March 2024 as against Rs 52.98 crore during the previous quarter ended March 2023.

For the full year,net profit declined 5.21% to Rs 8.55 crore in the year ended March 2024 as against Rs 9.02 crore during the previous year ended March 2023. Sales declined 7.47% to Rs 220.66 crore in the year ended March 2024 as against Rs 238.47 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales68.4552.98 29 220.66238.47 -7 OPM %8.048.53 -7.657.62 - PBDT4.933.97 24 14.7515.45 -5 PBT4.143.11 33 11.4612.13 -6 NP3.072.26 36 8.559.02 -5

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